ESR to Develop Rs 600 Crore Advanced Manufacturing Park in Hosur After Land Deal With Sambhav Homes

Hosur continues to attract industrial investment as Singapore headquartered ESR Group prepares to develop a large advanced manufacturing park in the fast growing Tamil Nadu industrial hub. The project follows the transfer of an 85 acre fully developed land parcel by Bengaluru based Sambhav Homes and Infrastructure through a special purpose vehicle structure.

Sambhav Homes chairman Sanjai Kumar said the land parcel has been transferred to ESR for about Rs 250 crore. The site will be used for the proposed ESR Hosur Advanced Manufacturing Park with a planned development value of nearly Rs 600 crore.

The planned industrial park will cover about 2.1 million square feet and is expected to host modern manufacturing and logistics facilities. Hosur has steadily emerged as a strategic industrial destination due to its proximity to Bengaluru strong highway connectivity and growing presence of global manufacturers.

Kumar noted that Sambhav Homes focuses on aggregating large contiguous land parcels and converting them into ready to develop infrastructure for institutional investors and industrial park developers. The model helps global asset managers enter new markets faster with plug and play infrastructure.

ESR is among the leading developers of Grade A industrial and logistics parks in Asia Pacific. In India the company has already developed close to 30 million square feet of industrial and warehousing space across several major cities.

With the Hosur transaction Sambhav Homes is also preparing to scale its industrial land aggregation platform. The company plans to assemble and deliver land parcels across Hosur Coimbatore Sriperumbudur and Bhiwandi targeting more than 1000 acres in the next few years.

So far the company has invested around Rs 350 crore in building its land aggregation portfolio and intends to invest another Rs 350 crore to accelerate expansion.

The latest deal also highlights the growing importance of Hosur as an extension of the Bengaluru industrial ecosystem. Improved connectivity strong demand for manufacturing space and competitive land availability are drawing global investors and developers to the region.

Industry observers believe such projects will strengthen Tamil Nadu role as a key manufacturing and logistics hub in India over the coming decade ahead.